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Dalekovod signed an Agreement on Construction of a transmission line in Greenland

— 19.11.2010.

Dalekovod signed an Agreement on Construction of a transmission line in Greenland

Mr. Kolbeinn Kolbeinsson, Director of the Icelandic company Istak Company, and Luka Miličić, President of Management Board of Dalekovod d.d., signed an Agreement on Construction of 60 kV transmission line in Greenland on 16 Nov 2010 in Reykjavik. The value of the Agreement is exceeding 6 million euros.
The construction of the above 45 km long transmission line shall encompass complete delivery of material and works. Besides, it shall form an integral part of the Ilulissat Project, headed by the Greenland Government. Dalekovod shall enter into this project together with the Icelandic company Istak, taking over works related to construction of the hydro-power plant and other accompanying projects within the range of the above Project, while Dalekovod shall take over delivery and installation of the steel lattice structure and complete electrical installation material.

The construction works are anticipated to start in mid-April 2011 and shall be completed by September 2012. Due to extremely harsh climatic conditions and the specific quality of works, the above shall be carried out from April till October. As traffic connection in Greenland is possible only by ships, the above shall significantly influence the method and course of performance of works that shall, for the most part, be carried out by helicopters. Environmental requirements are also very demanding as in other Scandinavian countries.